Looking to diversify beyond DNNG? The ETFs below have the lowest correlation with DNNG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from DNNG.
Best Diversifiers for DNNG
1 ETFs have low correlation with DNNG (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long DELL Daily ETF (DLLL) (Leveraged Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 0.27 | 0.27 | 0.27 | 95 | Leveraged Equities | DNNG vs DLLL | |
| GraniteShares 2x Long MRVL Daily ETF | 0.32 | — | — | 94 | Leveraged Equities | DNNG vs MVLL | |
| Direxion Daily South Korea Bull 3X Shares | 0.40 | 0.40 | 0.40 | 96 | Leveraged Equities | DNNG vs KORU | |
| Leverage Shares 2X Long ASML Daily ETF | 0.42 | 0.42 | 0.42 | 91 | Leveraged Equities | DNNG vs ASMG | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 0.45 | 0.45 | 0.45 | 72 | Leveraged Equities | DNNG vs XTJL |
See all 6 diversifiers for DNNG
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DNNG
Add DNNG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DNNG